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Shopping Center for Sale - Holland, MI - Availability Details

218 N River Ave , Holland, MI 49424

  • For Lease Contact for pricing
  • Property Type Retail
  • Year Built 1961
  • Year Renovated 2012
  • Date Updated Oct 22, 2021

Lakewood Plaza is a retail center located at 218 N River Ave in Holland, MI. This retail center sits a little over two miles from two major expressways in the area, US-31, and I-196. Built in 1961, renovated in 2012, and sitting on a 2.76-acre parcel this building boasts 33,468 SF of retail space. Among its 33,468 SF are thirteen (13) suites.
On average, daily traffic counts for this property are upwards of 24,493 vehicles. Holland, MI has a median household income of $53,781. Within a five-mile radius of this retail center, the population reaches 98,072 people.

HIGHLIGHTS
• Strong history of high occupancy
• Diversified tenant mix of both national and local tenants
• Strong surrounding tenants: McDonald's, Wendy’s, CVS, and Taco Bell
• High visibility from both Lakewood Blvd and River Ave

INVESTMENT OVERVIEW
Lakewood Plaza offers an investor a great opportunity to own a highly visible, stable, and strong performing retail center. As it currently stands ten (10) of the thirteen (13) suites are occupied accounting for 77% of the total square footage of the building. With a historically high occupancy rate and a value add opportunity by increasing occupancy and raising lease rates, this center presents a fantastic investment opportunity in a solid market.

Existing

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Spaces Available

Name: Space Available see moresee less
  • Space Type Retail
  • Lease Rate Contact for pricing
  • Total Space Available 5,000 Sqft
  • Divisible Space 1,300 - 5,000 Sqft
  • Available Date Immediate
  • Renewal Option Yes
  • Sub Lease No
  • Suite Space Available
broker

Drew Durham

Name: Space Available see moresee less
  • Space Type Retail
  • Lease Rate Contact for pricing
  • Total Space Available 33,468 Sqft
  • Divisible Space 1,300 - 5,000 Sqft
  • Available Date Immediate
  • Renewal Option Yes
  • Sub Lease No
  • Suite Space Available
broker

Drew Durham

Location

  • City Holland, MI
  • Neighborhood Beechwood
  • Zip Code 49424
  • Market Grand Rapids

Contacts

broker

Drew Durham

Frequently Asked Questions

How many active listings are there at Shopping Center for Sale - Holland, MI?

At present, there are 2 spaces listed at Shopping Center for Sale - Holland, MI.

What year was Shopping Center for Sale - Holland, MI built and finished?

Shopping Center for Sale - Holland, MI was completed in 1961.

Contact Listing Broker

broker

Drew Durham

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